Contracts totaling $2.58
billion Canadian ($1.88
billion U.S.) awarded to GDLS and partner
LONDON,
ON, June 7, 2024 /PRNewswire/ -- General
Dynamics Land Systems (GDLS), a business unit of General Dynamics
(NYSE:GD), has been awarded a contract along with joint venture
partner Marshall Canada to provide
the Canadian Armed Forces (CAF) a new fleet of light and heavy
logistics vehicles.
GDLS and Marshall Canada will
deliver more than 1,000 light trucks and approximately 500 heavy
trucks with associated equipment, such as armored protection kits,
modules, containers and trailers.
The Logistics Vehicle Modernization (LVM) project is being
awarded as two contracts: one for vehicle acquisition, valued at
$1.5 billion CAD ($1.1 billion USD), and one for in-service
support, valued up to $1.08 billion
CAD ($790 million USD) over 25 years.
Both figures include taxes. General Dynamics Land Systems will
be responsible for integration and support services throughout the
life of the LVM project and is joined by a team that includes
Marshall Canada, Mercedes‐Benz
(Daimler Trucks), Soframe, and Manac, Inc.
"Collaboration with our global customers and industry brings the
most capable solutions to soldiers, and this power team is designed
to deliver unique and reliable capability," said Dave Paddock, president of General Dynamics Land
Systems. "We are known for our innovative engineering, extensive
manufacturing and integration capability, and unparalleled customer
support. We look forward to delivering the LVM capability to
the Canadian Army."
General Dynamics Land Systems-Canada employs approximately 1,800
people in London, Ontario,
specializing in the design, manufacture and support of light- and
medium-armored vehicles. It is part of Michigan-based General Dynamics Land Systems,
which provides design, engineering, technology, production and full
life-cycle support for land combat vehicles around the globe. More
information about Land Systems–Canada is available at
www.gdlscanada.com.
More information about General Dynamics Land Systems is
available at www.gdls.com.
General Dynamics is a global aerospace and defense company that
offers a broad portfolio of products and services in business
aviation; ship construction and repair; land combat vehicles,
weapons systems and munitions; and technology products and
services. General Dynamics employs more than 100,000 people across
65 countries worldwide and generated $42.3
billion in revenue in 2023. More information about General
Dynamics is available at www.gd.com.
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SOURCE General Dynamics